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Singapore 380-cst HSFO traded at a softer cash premium of $37 a metric ton into late October. Middle East supply arrivals in East Asia recovered to a seven-month high this month, according to LSEG ship-tracking data.
Spot premiums for Middle East crude benchmarks Oman and Murban declined as supply concerns eased, while Dubai held steady. Reuters also reported Iraq's SOMO offered steeper discounts for October-loading oil and Indian Oil Corp sought crude via a spot tender.
BEIJING, Sept 23 (Reuters) — Chicago Board of Trade wheat futures continue dropped for a third straight session on Wednesday, past a four-week low, as traders monitor prospects for diplomatic efforts easing Black Sea export disruptions. Corn and soybeans gained. Fundamentals The most-traded wheat contract on the Chicag
Descartes Systems said total revenue rose 15% year over year to $193.6 million and adjusted EBITDA increased 20% to a record $89.8 million. The company also highlighted AI investment plans and the IDELIC acquisition.
UK natural gas prices rose toward 194 pence per therm for a fourth session, the highest since December 2022. Strikes and retaliation involving tankers, Saudi energy facilities and shipping disruptions have raised supply concerns.
European natural gas prices climbed above €76/MWh for a fourth straight session to the highest since December 2022. Strikes and attacks linked to Middle East tensions raised concerns over supply disruption.
Axios reported the U.S. military struck two Iranian government tankers on the Iranian coast north of the naval blockade line as tensions rose over missile exchanges and shipping through the Strait of Hormuz.
BoC Set To Hold As Middle East Conflict Revives Inflation Risks - Trump Held Situation Room Meeting On Massive New Iran Strikes - Trump Says US To Abandon Proposed Strait Of Hormuz Cargo Fee - US Backs Iraq-Syria Oil Pipeline To Weaken Iran s Hormuz Hold - New Russia Oil Sanctions Bill Targets China, India For Tariffs
Iran targets US military positions after Trump orders strikes over alleged ceasefire violation in Strait of Hormuz
The US launches military strikes against Iranian military targets after a drone attack on a commercial ship in the Strait of Hormuz
Iran's IRGC reportedly targeted a Singapore-flagged cargo ship in the Strait of Hormuz, according to U.S. officials